WatchBox Nabs $165M
Summary
PHILADELPHIA, PA, WatchBox, the worlds leading online destination for collectible luxury watches, has raised $165 million of equity capital. WatchBox will invest the capital to further scale its digital platform, expand into new markets, and enhance what is already the worlds most valuable and extensive inventory selection. Current WatchBox investors include a roster of professional athletes and watch enthusiasts such as Giannis Antetokounmpo, Chris Paul, Devin Booker, and Karl Anthony Towns. WatchBox is the worlds leading platform for collectible luxury timepieces, founded in 2017 by Justin Reis, Tay Liam Wee, and Danny Govberg. As a technology-first platform and pioneer in media-driven commerce, WatchBox produces and distributes original video content daily, with a growing library that includes market insights, collector interviews, and thousands of watch reviews.